Registry of Lobbyists
Version 10 of 14 (2002-02-19 to 2002-08-27) was submitted prior to the Lobbying Act coming into force on July 2, 2008. Due to different information requirements at that time, the registration is presented in the following format.
| Organization: |
INVESTMENT DEALERS ASSOCIATION OF CANADA
1600 - 121 KING STREET WEST TORONTO, ON M5H 3T9 Canada |
| Telephone number: | 416-865-3020 |
| Fax number: | 416-364-0753 |
| Responsible officer name and position during the period of this registration: | JOSEPH J OLIVER, PRESIDENT & CEO |
| Description of the organization's activities: | OUR DUAL ROLES AS AN INDUSTRY REGULATOR & TRADE ASSOCIATION ARE COMPLEMENTARY. AS THE NATIONAL SELF-REGULATORY ORGANIZATION OF THE CDN SECURITIES INDUSTRY, THE IDA MONITORS MEMBER FIRMS FROM COAST TO COAST IN TERMS OF BOTH THEIR CAPITAL ADEQUACY & CONDUCT OF BUSINESS. THE QUALIFYING, REGISTERING, COMPLIANCE AND DISCIPLINARY PROCESSES OF THESE FIRMS ALSO IS OUR RESPONSIBILITY. INVESTOR PROTECTION IS A TOP PRIORITY FOR US AS IT IS FOR THE MONTREAL, TORONTO, ALBERTA, & VANCOUVER STOCK EXCHANGES WHICH ALSO MONITOR SOME MEMBER FIRMS IN THEIR RESPECTIVE REGIONS. HOWEVER, AS THE COUNTRY'S ONLY NATIONAL SRO, THE IDA HAS AN ADDITIONAL RESPONSIBILITY TO LISTEN TO THE VIEWS OF PEOPLE IN ALL PARTS OF THE COUNTRY, & TO ENSURE THESE VARIOUS PERSPECTIVES ARE TAKEN INTO ACCOUNT WHEN FORMULATING NATIONAL POLICIES & RULES GOVERNING INDUSTRY PRACTICES & STANDARDS. THIS NATIONAL SELF-REGULATORY FUNCTION OBVIOUSLY CONTRIBUTES TO OUR EFFECTIVENESS AS A TRADE ASSOCIATION DURING ADVOCACY WORK ON BEHALF OF THE SECURITIES INDUSTRY. FROM THE UNCOMMON VIEWPOINT OF REGULATORY RESPONSIBILITY & EXPERIENCE, WE ARE ABLE TO BRING FORWARD CONSTRUCTIVE RECOMMENTATIONS TO THE FEDERAL & PROVINCIAL GOVERNMENTS ON A WIDE RANGE OF POLICY ISSUES THAT IMPACT THE BROADER PUBLIC GOOD. |
| Organization's membership or classes of membership: | ONLY ONE CLASS - FULLY PARTICIPATING (VOTING) MEMBER.ALL MEMBERS ARE PROVINCIALLY REGISTERED AS "INVESTMENT DEALERS". |
| Was the organization funded in whole or in part by any domestic or foreign government institution in the last completed financial year? | No |
| Name: | JOSEPH OLIVER |
| Position title: | PRESIDENT & CEO |
| Public offices held: | N/A. Disclosure of this information was not a requirement prior to June 20, 2005. |
| Name: | KEITH ROSE |
| Position title: | VICE-PRESIDENT, REGULATORY POLICY |
| Public offices held: | N/A. Disclosure of this information was not a requirement prior to June 20, 2005. |
| Name: | IAN RUSSELL |
| Position title: | SENIOR VICE-PRESIDENT, CAPITAL MARKETS |
| Public offices held: | N/A. Disclosure of this information was not a requirement prior to June 20, 2005. |
| Federal departments or organizations which have been or will be communicated with during the course of the undertaking: | Bank of Canada, Finance Canada (FIN) |
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Communication techniques that have been used or are expected to be used in the course of the undertaking:
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Informal communications, Meetings, Telephone calls, Written communications, whether in hard copy or electronic format |
| Subject Matter: Areas of Concern: | CAPITAL MARKETS, Financial Institutions, Taxation and Finance |
| Subject Matter: Retrospective: | ON-GOING BRIEFINGS WITH THE DEPARTMENT OF FINANCE ON CROSS-BORDER REGULATORY ISSUES. ASSIST FINANCE IN CONVEYING THE INDUSTRY POSITION ON SECURITIES MARKET ACCESS IN DEVELOPED COUNTRIES IN CONTEXT OF BILATERAL TRADE AGREEMENTS (E.G. COMMENT ON CHINA'S APPLICATION FOR WTO STATUS). ON-GOING DISCUSSIONS WITH DEPARTMENT OF FINANCE REPRESENTAIVES ON LEGISLATION TO EXPAND ACCESS TO THE CANADIAN PAYMENTS SYSTEM. PRE-BUDGET CONSULTATIONS WITH THE DEPARTMENT OF FINANCE. DISCUSSION WITH DEPARTMENT OF FINANCE ON PROBLEMS WITH RSP ELIGIBILITY OF CERTAIN SECURITIES. BANKING & FINANCE-DISCUSS WITH THE BANK OF CANADA AND THE DEPARTMENT OF FINANCE THE IDA STRIP BOND COMMITTEE'S RECOMMENDATIONS FOR STRIPPING AND RECONSTITUTION OF GOVERNMENT OF CANADA BONDS. COORDINATE WITH BANK OF CANADA AND FINANCE ON RESPONSE TO CSA PROPOSALS FOR DEBT MARKETS. BRIEF DEPARTMENT OF FINANCE AND BANK OF CANADA ON INDUSTRY POSITION ON THE MULTI JURISDICTIONAL DISCLOSURE SYSTEM (MJDS) TO ASSIST FINANCE IN DIRECT REPRESENTATION TO THE US SECURITIES AND EXCHANGE COMMISSION AND THE US DEPARTMENT OF TREASURY. SEMI-ANNUAL MEETINGS WITH BANK AND FINANCE OFFICIALS TO DISCUSS MONETARY POLICY & CAPITAL MARKET ACTIVITIES. BANK OF CANADA-PARTICIPATED IN PRESENTATION ON DEVLEOPING A PRE-SETTLEMENT NETTING SYSTEM TO THE CANADIAN FIXED INCOME MARKETS. WORKED WITH THE BANK TO ADMINISTER A NEW POSITION REPORT TEST IN MARCH PURSUANT TO IDA POLICY #5-CODE OF CONDUST FOR DEALING IN DOMESTIC DEBT MARKETS. RECOMMENDATIONS TO BANK OF CANADA TO ESTABLISH A FORMALIZED TIMEFRAME FOR ANNOUNCING CHANGES IN MONETARY POLICY. REPRESENTATIONS TO THE BANK OF CANADA ON IMPROVEMENTS TO THE CANADA TREASURY BILL AUCTION PROCESS. DISCUSSIONS WITH BANK OF CANADA REQUEST FOR COMMENT ON THE VIABILITY OF THE DAILY MONEY MARKET SURVEY. CONSULTATIONS WITH BANK OF CANADA ON THE DEVELOPMENT AND IMPLEMENTATION OF IDA POLICY #7-CODE OF CONDUCT FOR DEALING IN REPO MARKETS. |
| Subject Matter: Prospective: | RUN THROUGH THE EXERCISE OF PRE-BUDGET CONSULTATIONS WITH THE DEPARTMENT OF FINANCE AND SENATE BANKING COMMITTEE. CONTINUE TO BRIEF THE DEPARTMENT OF FINANCE ON CROSS-BORDER ISSUES. MEET SEMI-ANNUALLY WITH THE BANK AND FINANCE TO DISCUSS MONETARY POLICY AND CAPITAL MARKET ACTIVITIES. PARTICIPATE IN ANY BANK OF CANADA ECONOMIC SURVEYS. CONTINUE TO KEEP THE BANK OF CANADA INFORMED OF THE PROGRESS TOWARDS THE IMPLEMENTATION OF A PRE-SETTLEMENT NETTING SYSTEM FOR THE FIXED INCOME MARKETS. WORK WITH THE BANK TO RUN A SECOND TEST OF THE NET POSITION REPORT TO EVALUATE THE IMPROVEMENTS MADE SINCE THE FIRST TEST. KEEP MONITORING THE AUCTION PROCESS AND DISCUSS WITH THE BANK ANY IMPROVEMENTS THAT COULD BE MADE. |